Author: Leslie Stewart

Ripple has recently made headlines with its partnership with the International Rescue Committee (IRC), an announcement that has generated significant excitement within the XRP community. Blockchain expert Rory has shared her insights on this partnership, deeming it a pivotal advancement with substantial long-term implications. Furthermore, she has shared crucial advice for XRP investors in light of this collaboration: Discover Ripple’s New Collaboration On October 16th, Ripple revealed its partnership with the IRC. The collaboration is focused on utilizing Ripple’s cross-border payment technologies and the anticipated RLUSD stablecoin to enhance the distribution of humanitarian aid. Ripple is investigating how blockchain solutions,…

Recently, political strategist James Carville found himself on Manhattan’s Upper East Side, engaging with concerned New Yorkers who were eager for insights about the upcoming November election. I had the opportunity to speak with him.Carville, renowned for his expertise, felt no contempt for their curiosity.”They genuinely thought I held some hidden knowledge,” the seasoned Democratic strategist remarked. “It’s incredibly challenging to inform someone who thinks they wield all the power that they do not.”The hard reality for voters, regardless of their background, is that predicting the future remains an elusive endeavor. This is especially true as many Americans brace for…

August 15, 2023, at the U.S. Treasury Building in Washington, DC.Nathan Howard | Bloomberg | Getty ImagesAccording to the Treasury Department’s recent announcement, the Biden administration’s budget deficit for fiscal year 2024 is set to exceed $1.8 trillion, marking an increase of over 8% compared to the previous year, making it the third largest deficit recorded in U.S. history.While a modest surplus was noted in September, the overall shortfall reached $1.833 trillion, representing an increase of $138 billion from the year prior. The U.S. encountered even larger deficits during the years 2020 and 2021, primarily due to expansive spending measures…

According to a report released by the Commerce Department on Thursday, consumer spending showed robust performance in September, highlighting the economy’s strong capacity to withstand challenges, bolstered by actions from the Federal Reserve.Initial findings indicated that retail sales experienced a seasonally adjusted increase of 0.4% compared to the previous month, which was a notable rise from an unrevised 0.1% increase in August. This figure also surpassed the Dow Jones prediction of a 0.3% rise.When excluding auto sales, retail figures rose by 0.5%, beating the anticipated 0.1% rise. While these sales figures have been adjusted seasonally, they do not take into…

Disclosure: The opinions expressed in this article are those of the authors alone and do not reflect the views of crypto.news editorial team. NFTs are far from obsolete. The opportunities they present extend well beyond the simplistic notion that emerged during the dramatic rise and subsequent decline of the PFP market in 2021. Non-fungible tokens are innovative digital assets that encompass various applications, such as profile pictures, digital artwork, and collectibles. Unlike cryptocurrency tokens, which are interchangeable, each NFT is distinct and often irreplaceable. Unfortunately, the NFT craze of 2021 led to a widespread misunderstanding of what NFTs are, with…

Rainy Piccadilly Circus on a wet morning in London’s West End, UK, September 26, 2024.Photograph by Richard Baker | Getty ImagesLONDON – The inflation rate in the UK saw a notable decline, falling to 1.7% in September, according to a report released by the Office for National Statistics on Wednesday. This drop has prompted market analysts to increase their predictions for a potential interest rate cut by the Bank of England in November.Financial experts surveyed by Reuters had anticipated inflation to be at 1.9% for the month, which would have kept it above the central bank’s target of 2% for…

Disclosure: The opinions expressed in this article are those of the authors and do not necessarily reflect the views of crypto.news editorial team. The landscape of the creator economy is changing rapidly, with forecasts suggesting it could reach an impressive $480 billion by 2027. However, many creators are currently facing challenges that prevent them from capitalizing on this growth, often ending up with minimal earnings while platforms and middlemen reap substantial profits. This imbalance is unsustainable, signaling a need for significant reform. The evolution of Creator Economy 2.0—driven by artificial intelligence (AI) and Web3 technologies—aims to redefine relationships between creators…

Disclosure: The insights and opinions presented here are those of the authors and do not necessarily reflect the views of the editorial team at crypto.news. Stablecoins are emerging as a vital solution for businesses seeking to improve and streamline their payment processes. In Singapore alone, stablecoin transactions hit $1 billion just a few weeks ago, showcasing their rising popularity. As businesses and consumers view stablecoins as superior to traditional fiat currencies and unpredictable cryptocurrencies, they are quickly becoming an integral part of daily digital transactions, including in the e-commerce arena. But what does the future hold for e-commerce with the…

Disclosure: The opinions expressed in this article are solely those of the author and do not reflect the views of crypto.news editorial team. In a previous discussion about the tokenization of real estate, we highlighted how this innovative concept has struggled to gain traction, despite initial enthusiasm regarding its possibilities. The reality is that tokenization will remain a niche practice unless there is a solid economic foundation driving it. Unfortunately, widespread acceptance has not yet been achieved due to the lack of a compelling economic case. I have been a proponent for years advocating for blockchain-based real estate registries featuring…

Jerome Powell, the Federal Reserve Chairman, held a press conference following the September meeting of the Federal Open Market Committee on September 18, 2024, at the William McChesney Martin Jr. Federal Reserve Building in Washington, DC.Anna Moneymaker | Getty ImagesThis week’s report on inflation has suggested that the Federal Reserve is making significant progress towards its target. This follows the central bank’s significant cuts to interest rates just a few weeks ago.Both the consumer price index (CPI) and producer price index (PPI) data for September aligned well with expectations, indicating a gradual decrease in inflation as it moves toward the…